factual

Does IHG allow the Even Hotels Guaranty to be executed via electronic signature?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

This Guaranty may, at IHG's option, be executed via electronic signature. In such event, Guarantor acknowledges that conducting this transaction using electronic means is optional and is not a condition to executing this Guaranty. By electronically signing this paragraph, Guarantor agrees to conduct this transaction using electronic means, which includes the transmittal of electronic communications and the execution of the agreement using an electronic signature. Guarantor further agrees that the parties' electronic signatures are valid and create a binding and enforceable agreement. If Guarantor does not agree to conduct the transaction electronically and does not agree to execute the agreement using an electronic signature, Guarantor must promptly notify IHG and IHG will provide Guarantor with a nonelectronic Guaranty.

Source: Item 23 — RECEIPTS (FDD pages 99–438)

What This Means (2025 FDD)

According to the 2025 Even Hotels Franchise Disclosure Document, IHG offers the option to execute the Guaranty via electronic signature. The document states that IHG has the option to allow the Guaranty to be executed via electronic signature.

Should IHG choose to allow electronic signatures, the Guarantor acknowledges that using electronic means is optional and not a requirement for executing the Guaranty. By electronically signing, the Guarantor agrees to conduct the transaction electronically, including transmitting electronic communications and using an electronic signature. The Guarantor also agrees that the electronic signatures are valid and create a binding agreement.

However, if the Guarantor does not agree to conduct the transaction electronically or use an electronic signature, they must promptly notify IHG. In such cases, IHG will provide the Guarantor with a non-electronic version of the Guaranty for execution.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.